National Business

TORONTO — The Canada Pension Plan Investment Board has committed to invest $2.9 billion as part of an investor group buying a telecommunications network in Italy from Telecom Italia S.p.A. Under the agreement, CPP Investments will acquire a 17.

OTTAWA — The national unemployment rate was 5.8 per cent in February. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 5.8 per cent in February. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.2 per cent (10.2) _ Prince Edward Island 7.

OTTAWA — A quick look at Canada's February employment (numbers from the previous month in brackets): Unemployment rate: 5.8 per cent (5.7) Employment rate: 61.5 per cent (61.6) Participation rate: 65.3 per cent (65.

OAKVILLE, Ont. — Algonquin Power and Utilities Corp. reported a profit in its latest quarter compared with a loss a year earlier as its revenue fell 11 per cent. The company, which keeps its books in U.S.

LOS ANGELES (AP) — A United Airlines jetliner bound for Japan made a safe landing in Los Angeles on Thursday after losing a tire while taking off from San Francisco.

TORONTO — Manufacturing companies that emphasize training, flexibility and benefits are better positioned to attract and retain female workers, something that's key as the industry faces a labour shortage.

CALGARY — Suncor Energy Inc. has signed an agreement with the Fort McKay First Nation that the oilsands giant says could lead to its first-ever bitumen extraction project on reserve lands.

GUELPH, Ont. — Shares in Linamar Corp. rose more than 11 per cent on Thursday after the company raised its dividend and reported its fourth-quarter profit and sales rose compared with a year ago.

OTTAWA — Perrin Beatty is leaving his post as president of the Canadian Chamber of Commerce at the end of August.